Lotte Shopping

SOUTH KOREA: Lotte profits jump 13% on sales gains

South Korean retailer Lotte Shopping has booked a 13% jump in first-quarter profits, boosted by a strong sales and operating…

INDONESIA: Wal-Mart in talks over “Matahari partnership”

Wal-Mart Stores is reportedly in talks with Matahari Putra Prima over a possible partnership to develop the Indonesian retailer's hypermarkets.…

SOUTH KOREA: Hypermarket earnings boost Lotte FY profits

South Korean retailer Lotte Shopping has booked an increase in full-year profits, driven by "strong" earnings from its department stores…

INDONESIA: Matahari to retain hypermarket business

Indonesia's largest grocery retailer PT Matahari Putra Prima has announced it will keep its hypermarket business, Hypermart, which had reportedly…

INDONESIA: “Four firms in running” for Matahari

Indonesian retailer Matahari has said that four firms, including Lotte Shopping, are interested in investing in its hypermarket business, according…

INDONESIA: Wal-Mart, Casino, Lotte “in running for Hypermart”

Wal-Mart Stores, France's Casino and South Korea's Lotte Shopping have all reportedly advanced to the next round of bidding for…

INDONESIA: Wal-Mart “joins bidding” for Hypermart

Wal-Mart Stores has reportedly joined the bidding for Indonesian retailer Hypermart. The US retail giant is expected to compete in…

INDONESIA: Lotte, Carlyle “table bids” for Hypermart chain

South Korea-based Lotte Shopping and private-equity chain Carlyle have reportedly tabled bids for Indonesia retail chain Hypermart. Sources told Reuters…

SOUTH KOREA: Lotte Shopping Q3 profits up by a quarter

South Korean retailer Lotte Shopping saw earnings jump by over a quarter in the third quarter of 2010 after operating…

CHINA: Lotte Group to accelerate expansion

The South Korean supermarket giant and department store retailer Lotte Group has revealed a new strategy for the Chinese market,…